by Christopher Nye | Oct 10, 2019
The dollar remained fairly weak yesterday, despite US-China trade talks taking a more optimistic tone. China has signalled that they are open to a partial trade deal, and has even offered to increase the amount of soybeans it buys from the US ahead of the face-to-face...
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by Christopher Nye | Oct 10, 2019
Euro is up against the pound, as fears of a no-deal Brexit continue to weigh. Reports have emerged that the European Union may be prepared to offer an extension until June, while The Times claim that the EU might be willing to offer concession in a deal – although...
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by Christopher Nye | Oct 10, 2019
Sterling continued to struggle yesterday as optimism for a Brexit deal faded. If MPs agree to attend, there will be a special sitting for Parliament on Saturday 19th of October to discuss the future of Brexit. There have only been four Saturday sittings since 1939,...
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by Christopher Nye | Oct 10, 2019
The pound is mixed this morning as hopes for a Brexit deal continue to fade. Negotiations between the UK and the EU are still going ahead, however, with Brexit Secretary Steven Barclay and the EU’s chief negotiator, Michel Barnier due to meet today. Boris Johnson will...
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by Christopher Nye | Oct 9, 2019
The dollar was strong against the pound yesterday, benefitting from sterling’s weakness, but was low against the euro. It is weak against both currencies this morning ahead of the FOMC minutes. Data released yesterday showed that inflation in US has unexpectedly...
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